Author Archives: Admin

How Much Should I Expect To Pay For Car Insurance?

The average cost of car insurance varies widely depending on several factors, including where you live and which coverage options you select. To provide accurate national averages, WalletHub conducted a nationwide survey among major car insurers using an ideal driver profile that fulfilled requirements in all 50 states. Some of the key factors are within […]

Can You Claim Home Insurance on Taxes?

Homeownership comes with many tax deductions, but homeowners insurance is typically not one of them. As there may be circumstances where home insurance could be partially or fully tax deductible, read on! Homeowners Insurance Premiums Homeowners insurance premiums are typically not tax deductible; however, there may be exceptions. Rental property premiums can be deducted, and […]

Do Insurance Companies Try to Over Under Insure?

Insurance can be an effective way to guard against disasters; however, over-insuring can leave you paying for coverage that’s unnecessary. Overspending on insurance can seriously compromise savings for down payments, retirement accounts, college funds for your children and emergencies. Therefore, it’s crucial that you review and shop around for policies annually. Policy Limits Insurance policy […]

How Much Do Insurance Companies Pay For Dog Bites?

Homeowners and renters insurance typically includes liability coverage for dog bite injuries occurring either on or off their premises, such as medical costs and damages caused by bites that lead to lost wages, pain and suffering or property losses. Some homeowners insurers impose breed-restriction policies, making it more challenging to insure your pet. Others will […]

UPS Insurance – What Is and Isn’t Covered?

UPS insurance could provide peace of mind when shipping high-value items or simply want peace of mind that their packages won’t get lost or stolen during transit. Get familiar with what coverage options exist as well as any exclusions. Purchase insurance either online or at a UPS Store by entering your shipment details and declaring […]

Does a Steel Frame Home Lower Home Insurance?

Building type is one of the primary determinants of an insurance premium rate; more vulnerable structures require higher premium rates due to risk associated with damage claims. Wood-framed buildings can be susceptible to moisture damage and termite infestation, while steel buildings offer greater peace of mind to homeowners. 1. Structural Integrity Structural integrity refers to […]

Are Preconception Visits Covered By Insurance?

Under new guidance from the Obama Administration, qualified health insurance plans must cover well-woman preventive visits and preconception care without cost sharing, providing good news to expectant mothers looking to start families. Women can receive free or low-cost maternity care at Planned Parenthood and community health centers, and may qualify for Medicaid or CHIP depending […]

Is Homeowners Insurance Deductible On Income Tax?

Your choice of deductible has an enormous effect on premium costs and out-of-pocket expenses if a claim occurs. To help navigate through all your options and make an informed decision, speak to a tax professional for guidance. Home insurance premiums typically aren’t tax deductible for most homeowners; however, in certain circumstances they could be. Homeowners […]